Clay, an A.I. Sales Startup, Lets Employees Cash Out. Again(nytimes.com)
nytimes.com
Clay, an A.I. Sales Startup, Lets Employees Cash Out. Again
https://www.nytimes.com/2026/01/28/business/dealbook/clay-start-up-tender-offers.html
https://www.nytimes.com/2026/01/28/business/dealbook/clay-start-up-tender-offers.html
What stops founders, major investors, or even the company itself from selling shares in a tender offer and reinvesting it back in the company?
Or, to put it another way, is the rise in tender offers actually a indication we're getting closer to the bubble bursting?